SEBASTIAN HEMPEL

CHAIRMAN

Mr Hempel is a well regarded and accomplished corporate lawyer based in Sydney, Australia. He has over 18 years of corporate advisory experience in the listed company area with specialties in capital raisings and ASX listings and in the resources sector. He was with major commercial law firm Minter Ellison from late 1996 to early 2008 (partner since July 2000) after a stint in investment banking at Macquarie Bank and working at the Australian Stock Exchange from early 1991 to mid 1995.

He is a member of the Council of The Armidale School, is Deputy Chairman of think tank/lobby group the Employee Ownership Group, and is an Executive Director of boutique Sydney law practice Greenwich Legal. He has chaired numerous IPO due diligence committees.

Sebastian also has strong corporate governance expertise through company secretarial work, being a trusted corporate adviser to several companies and boards, and is about to complete a Graduate Diploma in Applied Corporate Governance.

He has conducted numerous capital raisings for a variety of resources companies and has led various resource project sales and acquisitions, as well as acting for Australian and foreign investors in listed and unlisted resource companies.

CAROLINE COUPLAND

NON-EXECUTIVE DIRECTOR

Ms Coupland is an experienced corporate lawyer and governance professional with over 20 years' experience in the legal profession. She has worked in both the private and public sector. She is currently a director of Ascent Group Ltd in the NFP sector and the company secretary of Carpentaria Cattle Company Pty Ltd.

GUY ANDERSON

NON-EXECUTIVE DIRECTOR

Dr Anderson completed a B Sc in Chemical Engineering at the University of Cape Town and subsequently a Ph D in the field of coal fines beneficiation.
Dr Anderson spent several years working in the mining industry for De Beers and Anglo American, including a two year period with Consolidated Diamond Mines in Namibia, before relocating to the UK and refocusing his career. He qualified as a chartered accountant with Price Waterhouse in London and, after five years with the firm, moved into stockbroking, spending two years with James Capel.

Dr Anderson then moved to CIBC World Markets in London where he became an executive director in the mining M&A and advisory business. He has considerable experience on the execution side of the investment banking business having been closely involved in a significant number of mining deals - primarily in Africa and Europe.

In 2004, Dr Anderson accepted the position of Chief Financial Officer of Ivanhoe Nickel & Platinum Limited. After two years, he resigned from the Johannesburg-based position and relocated to Australia where he consults to the mining industry.